Simple Steps to Grow Your Business - Part II
Are you managing your business resources effectively?
A Workshop Sponsored by Wallis Bank
When
Tuesday, September 17, 2019 from 9:00 AM to 12:30 PM CDT
Site registation/checkin: 9:00-9:30am
Contact:
Lalitha Raman
lalitha.raman@scorevolunteer.org
713-487-6565
About Us:
SCORE is an all-volunteer group with real-world business experience, dedicated to your success.
Our Mission: Help Small Businesses Succeed.
Our Mantra: We educate, counsel, mentor.
Founded in 1964, SCORE is a non-profit association and a Resource Partner of the U.S. Small Business Administration.
For more details, go to
www.houston.score.org
Sponsored by
Business expansion is marked by increased output, customer base expansion, or new product development.
First, you must have a good operational plan. Operational Plan lays out the who, what, when, and how of your daily operations over the course of the next year. It is meant to define how human, financial, and physical resources will be allocated to achieve short-term goals that support your larger strategic objectives.
Second, you must understand your financial strength. A comprehensive financial analysis addresses the strengths and weaknesses of the company in terms of size, growth, liquidity, profitability, asset management, and leverage. Thin gross profit margin, bloated operating expenses and poor cash flow cause financial crisis.
In this workshop we will outline steps to understand financial statements, cash flows, resources for funding, and develop a model for growth. A bankers’ panel will introduce the different services and programs available to small business owners and start-up entrepreneurs. They will answer questions and give business advice on how to avail such programs.
At the end of this workshop, participants will have the opportunity to meet SCORE certified mentors who are readily available to provide FREE and CONFIDENTIAL mentoring.
Presented by: Lalitha Raman, SCORE Counselor and Certified Mentor
Lalitha has a PhD. from Michigan State University in Biophysics with over 15 years research experience. She has numerous papers to her credits. She changed careers and received MS in Accounting from University of Houston and is a Certified Public Accountant (CPA) with 20+ years in Accounting. She worked for City of Houston for 26 years in various departments of Health, Parks and Public Works and Engineering and was in charge of Revenues, Budget, Information Systems and fixed assets. She was an adjunct professor at the University of Houston teaching Accounting and has been honored by the Business Women of Houston, Federation of Professional Women.
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